The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Located in the Town of Mitchell, this exceptional 314-foot highway frontage property on Highway 8 offers unparalleled visibility and development potential in one of the region's most promising growth areas. With C3-1 commercial zoning, this parcel is ideally suited for a retail plaza, grocery store, restaurant, service-oriented businesses, or mixed-use commercial development and more. This versatile zoning gives investors and developers the freedom to create a high-demand commercial destination. The Strategic Highway Location - Boasting an impressive 314 feet of frontage along Highway 8, this property provides maximum exposure to high-volume traffic, making it perfect for any retail or food service concept looking to attract consistent customer flow. Situated adjacent to a newly underway residential subdivision, this property is positioned to serve a rapidly expanding consumer base. As new homes come online, demand for nearby shopping, dining, and services will surge making this the ideal time to secure your investment. The property was formerly operated as a thriving greenhouse business, complete with existing infrastructure that could be repurposed or renovated. Enjoy added value with an attached residence featuring a fully independent in-law suite-perfect for owner-occupants, property managers, or rental income. The separate living quarters provide privacy and flexibility for a variety of personal or business needs. This property combines prime location and proximity to new residential development into one unbeatable package. Whether you're looking to build a new commercial venture or acquire a revenue-generating asset in a growing market, this Mitchell property delivers exceptional value and long-term appreciation potential.
Property Details
Listing
MLS® number
X14117210
Status
For Sale
Listed
Oct 23, 2026
Last updated
Oct 26, 2026
Possession
Flexible
Building
Type
Residential Freehold
Style
Bungalow-Raised
Approx. age
51-99
Approx. size
2,500–3,000 ft²
Basement
Apartment, Finished with Walk-Out, Separate Entrance, Partially Finished
Lot
Frontage
314.33 ft
Depth
Not provided by brokerage
Lot area
Not provided by brokerage
View
South
Community
Mitchell
Parking & utilities
Garage
None, 0 spaces
Driveway
Private, 4 spaces
Heating
Forced Air
Cooling
Central Air
Water / sewer
Not provided by brokerage
Taxes
Property tax
$5,717 / 2025
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
Royal LePage Heartland Realty
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 3
Bedrooms below grade: 1
Kitchens: 2 above grade
Basement: Apartment, Finished with Walk-Out, Separate Entrance, Partially Finished
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$11,662/mo
Mortgage (principal + interest)$11,185
Property taxFrom listing: $5,717/yr$476
Minimum 20% ($598,000 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$598,000
Ontario land transfer taxProvincial brackets, no first-time refund$61,225
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$662,025
First-time buyers can get up to $4,000 back on Ontario land transfer tax. West Perth has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
